Reserve Bank of India


Reserve Bank of India

Type Government
Wikipedia Wikipedia
Year founded 1935
Location Mumbai India India
Summary The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The Central Office of the Reserve Bank was initially established in Kolkata but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated. Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India.

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RBI: Reserve Bank of India · 1952 English

The fall in prices in February-March 1952 and the restricted availability and increased cost of bank credit discouraged inventory accumulation in particular the speculative holding of stocks and in the …

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